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›ETF Providers›SG Issuer›HSC3S

HSC3S

XS2425313538

Passive ETN Equity

HSC3S ETN · SG ETN Daily Short -3X Hang Seng China Enterprises

The HSC3S Exchange Traded Note (ETN) is provided by SG Issuer. It is built to track an index: Hang Seng China Enterprises Index. The dividend policy is capitalization.

Last update 2/13/2026, 8:00 AM UTC

LIVE

CLOSED

This fund is part ofInverse Equities1M perf.+3.84%

Last price

€13.36

1M perf.

+18.49%

1M flows

N/A

AuM

€2.5M

E/R

0.9%

Rating

Not rated

ESG Consensus®

HSC3S

€13.36

Performance & flows

December 12, 2025 → March 12, 2026

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HSC3S

€12.63

+9.79%

Historic performance and flows

	1M	3M	1Y	3Y	5Y	MTD	QTD	YTD
Perf.	+18.49%	+9.79%	N/A	N/A	N/A	+7.22%	+7.31%	+7.31%
Flows

Key fund info

Main characteristics

Issuer

SG Issuer

ISIN

XS2425313538

AuM

€2.5M

E/R

0.9%

Replication rating

Not rated

ESG Consensus®

More details

NAV

3/12/2026

€12.63

1D NAV change

+0.63%

Dividend policy

No income

Replication method

Other

Replication model

Other

No. of holdings

N/A

Inception date

4/4/2025

Jurisdiction

Luxembourg

Distribution

Italy

Legal structure

Debt instrument

Base currency

EUR

Classification

Product type

Passive ETN

Benchmark

Hang Seng China Enterprises Index

Asset class

Equity

Factors

N/A

Investment strategy

The ETN provides three times the daily performance, net of fees and costs, of a short position in Hang Seng China Enterprises Total Return Index. SG ETCs and ETNs are 105% collateralized on a daily basis with UCITS compliant collateral.

Tax optimisation

PEA

France

UK Reporting Status

United Kingdom

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Built for professionals: access exclusive fund metrics and selection tools in Trackinsight Enterprise.

Enterprise Fund page features include:

Legal documents

Powerful buy-list integration

Fund data exports

Advanced risk metrics

Advanced replication analysis

Advanced exposure look-through

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Custom data feature

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Enterprise

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Risk profile

Historical risk/return profile

	3M	1Y	3Y	5Y
Returns	+9.79%	N/A	N/A	N/A
Volatility
Perf./Volatility
Max drawdown

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Synthetic Risk and Reward Indicator (SRRI)

UCITS

N/A

PRIIPS

N/A

Built for professionals: access exclusive risk metrics in Trackinsight Enterprise.

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

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Exposure

Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

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Sustainability

Integrates ESG criteria

SDG

Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Issuer

SG Issuer

SG Issuer ID Card

Number of funds

Total AuM

€660M

Expense ratio range

0.25% - 1.2%

Average expense ratio

0.8224%

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Frequently asked questions about HSC3S

What does SG ETN Daily Short -3X Hang Seng China Enterprises, HSC3S, invest in?

HSC3S is a Passive ETF. This ETN provides inverse exposure (-3x) to Chinese Equities.

Which benchmark or index does HSC3S replicate?

HSC3S tracks the Hang Seng China Enterprises Net Total Return Index - HKD, through a replication method.

What is the Total Expense ratio (TER) of HSC3S?

HSC3S carries a total expense ratio (TER) of 0.9%, indicating the annual cost for holding the fund.

When was HSC3S launched?

HSC3S was introduced to the market on April 4, 2025. It trades on Italy

Who is the ETF issuer of HSC3S?

SG ETN Daily Short -3X Hang Seng China Enterprises, HSC3S, is provided by SG Issuer. Learn more about SG Issuer here.

What is the current assets under management (AUM) of HSC3S?

HSC3S oversees €2.5M in assets as of March 12, 2026.

How has HSC3S performed lately?

Based on data from March 12, 2026, HSC3S returned 18.49% over the past month, 9.79% over the last three months and 7.31% year-to-date.

What is the base currency of HSC3S?

The base currency of HSC3S is EUR.

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Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.

In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.

This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.

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HSC3S ETN · SG ETN Daily Short -3X Hang Seng China Enterprises

Performance & flows

Historic performance and flows

Monthly performance and flows

Trading and listing info

Key fund info

Enterprise

Risk profile

Historical risk/return profile

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Exposure

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Sustainability

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Issuer

Frequently asked questions about HSC3S

What does SG ETN Daily Short -3X Hang Seng China Enterprises, HSC3S, invest in?

HSC3S is a Passive ETF. This ETN provides inverse exposure (-3x) to Chinese Equities.

Which benchmark or index does HSC3S replicate?

HSC3S tracks the Hang Seng China Enterprises Net Total Return Index - HKD, through a replication method.

What is the Total Expense ratio (TER) of HSC3S?

HSC3S carries a total expense ratio (TER) of 0.9%, indicating the annual cost for holding the fund.

When was HSC3S launched?

HSC3S was introduced to the market on April 4, 2025. It trades on Italy

Who is the ETF issuer of HSC3S?

SG ETN Daily Short -3X Hang Seng China Enterprises, HSC3S, is provided by SG Issuer. Learn more about SG Issuer here.

What is the current assets under management (AUM) of HSC3S?

HSC3S oversees €2.5M in assets as of March 12, 2026.

How has HSC3S performed lately?

Based on data from March 12, 2026, HSC3S returned 18.49% over the past month, 9.79% over the last three months and 7.31% year-to-date.

What is the base currency of HSC3S?

The base currency of HSC3S is EUR.

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